Transferring ownership (conveyancing) Once the offer is accepted. The seller is responsible for drawing up a legal contract to transfer ownership. The contract contains details about: the sale price. the property boundaries. which fixtures and fittings (like carpets and kitchen units) are included.
The noun GAPE has 2 senses: 1. an expression of openmouthed astonishment. 2. a stare of amazement (usually with the mouth open). Familiarity information: GAPE used as a noun is rare.â¢ GAPE (verb). The verb GAPE has 2 senses: 1. look with amazement; look stupidly. 2. be wide open. Familiarity information: GAPE used as a verb is rare.he noun GAPE has 2 senses: 1. an expression of openmouthed astonishment. 2. a stare of amazement (usually with the mouth open). Familiarity information: GAPE used as a noun is rare.
Guaranteed Auto Protection (GAP) insurance is also known as GAPS and was established in North American financial industry. GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.). GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts require it. GAP insurance covers the amount on a loan that is the difference between the asset value and the amount covered by another insurance policy. Some GAP policies also cover the deductible.